NEW DELHI: IndiGo, India’s largest airline, has refuted the findings of a survey by AirHelp, an EU-based claim processing agency, which ranked it among the world’s worst airlines based on parameters such as punctuality, service quality, and compensation handling. The survey placed IndiGo at the 103rd position out of 109 airlines, with a total score…
NPS operates through a two-tier structure. The Tier-I Account functions as the principal retirement savings vehicle. (AI image) The National Pension System or the NPS is gaining recognition as a popular retirement-focused investment option. Financial experts highlight that NPS combines essential features of an ideal retirement savings product, offering extended investment opportunities with cost-effective management…
Indian Railways provides an annual subsidy of Rs 56,993 crore across all passenger categories. Did you know that Indian Railways train ticket prices are subsidised? So, how much discount does the national transporter give for every ticket that it sells? 46%, says Railway Minister Ashwini Vaishnaw.The Indian Railways provides an annual subsidy of Rs 56,993…
The USCIS has begun informing unsuccessful applicants through their online portals. (AI image) H-1B visa news: The USCIS or the United States Citizenship and Immigration Services has confirmed reaching the statutory limit for H-1B visa applications for fiscal year 2025, which includes the standard 65,000 visas and the supplementary 20,000 allocated for those with advanced…
Indian manufacturing facilities produced 14-15% of Apple’s total iPhone output in FY24. (AI image) Even as India’s Apple iPhone manufacturing capabilities are swiftly approaching China’s levels, the country’s contribution to Apple’s global revenue remains significantly lower, primarily due to consumer affordability constraints.Indian manufacturing facilities produced 14-15% of Apple’s total iPhone output in FY24. Industry analysts…
CSK, MI, RCB, and KKR-have exceeded $100 million in brand value for the first time. IPL Brand Value: The Indian Premier League (IPL) has established itself as a leading international sports competition, with its total brand value showing a 13% increase to $12 billion, according to the 17th Brand Finance IPL 2024 assessment report. From…
The Income Tax Department offers online Aadhaar-based address updating for PAN cardholders at no cost. PAN 2.0: According to the recently released Income Tax Department’s FAQs about PAN 2.0 with QR code, PAN Card holders can update their outdated addresses at no cost. After updating records, taxpayers will receive an e-PAN with a QR code…
Bulls are likely to maintain control whilst the index remains above 24,400, say analysts. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday. While BSE Sensex was near the 81,000 mark, Nifty50 was above 24,450. At 9:23 AM, BSE Sensex was trading at 80,962.87, up 117…
NEW DELHI: State-run renewable project aggregator SECI on Tuesday withdrew its order banning Anil Ambani-led Reliance Power (R-Power) for three years from bidding for projects.SECI had imposed the ban on grounds of its group entity, Reliance NU BESS, submitting allegedly invalid bank guarantee in one of its recent tenders. The ban was imposed without seeking…
MUMBAI: Swiggy is eyeing operational profitability by Dec 2025, the company said in its first earnings after its public debut in Nov. The company’s net losses narrowed to Rs 625.5 crore on a consolidated basis in the Sept quarter from Rs 657 crore in the year-ago period. Revenue from operations increased by 30% year-on-year to…
